Tag: Interbank

Nigerian naira eases on importers’ dollar demand

The Nigerian naira eased against the U.S. dollar on the interbank and the bi-weekly foreign exchange auction on Wednesday as strong demand for the greenback from importers exerted pressure on the local currency. The naira closed at 160.90 to the dollar on the interbank market, compared with Tuesday’s close of […]

Nigeria naira up 0.75 pct as funds ready for Tbills

The Nigerian naira closed up 0.75 percent against the dollar on the interbank market on Friday, after a surge of dollar inflows from foreign investors positioning to buy treasury bills, dealers said. The unit closed at 160.90 naira at 1300 GMT, after opening at 160.69 naira on Friday, substantially up […]

Nigeria naira eases vs dlr despite cbank action

Nigerian naira eased further against the U.S. dollar on the interbank on Wednesday despite the central bank’s direct intervention to calm the market and an increase in supply of the greenback at its bi-weekly foreign exchange auction. The naira ended at 162.95 to the dollar on the interbank on Wednesday, […]